Trump Administration Proposes Using 401(k) Funds for Home Down Payments

Washington D.C., Friday, 16 January 2026.
White House Economic Adviser Kevin Hassett announced today, January 16, 2026, that President Trump will unveil a finalized plan at Davos next week allowing Americans to leverage 401(k) retirement assets for residential down payments. This significant policy shift, which effectively shelves the previously discussed 50-year mortgage proposal, aims to immediately inject liquidity into the housing market by fundamentally redefining how tax-advantaged savings can be utilized prior to retirement.